After making big capital spending plans for 2023 — and underspending those budgets — food & beverage processors are proceeding at a more normalized pace (+3%).
First phase doubled production capacity for Minute rice ready-to-serve cups; second phase under way and will add more production space for ready-to-serve pouch products.
Cultivated meat company will ease off the gas pedal and redirect efforts toward expanding its current facility in California before building a new production facility.
Further-processor will renovate and expand current building to cover 54,000 square feet of processing space for poultry cut-up, deboning, marination and packaging.